The Spanish striker joined the Blues for a British record £50 million in 2011 but has largely failed to live up to expectations at Stamford Bridge, and the public perception is that Chelsea are now ready to cut their losses by letting the out-of-form striker leave the club.

As per ESPN, Inter director Piero Ausilio has been monitoring the Spaniard by watching him in a number of Champions League matches and has pinpointed the 30-year-old as one of this main targets. One potential option being discussed would see Torres join Inter on a 12-month loan, with a view to a £10 million permanent transfer next summer.

The Italians have already dipped their toes into the summer transfer market by confirming, via BBC Sport, the future arrival of Manchester United captain Nemanja Vidic. The Nerazzurri have now turned their eyes to one of English football's other most famous stars as they bid to make their ascent towards the summit of Serie A next season.

After suffering nearly three years of criticism during his time at Chelsea, the former Liverpool man is likely to be interested in a move away from Stamford Bridge.

However, Inter may face stiff competition from Spanish side Atletico Madrid—who, according to Goal.com's Wayne Veysey, have also had a close eye on the striker for months. It was with the Rojiblancos that Torres first stepped into the world spotlight, thanks to a phenomenal few years that led to his switch to Liverpool—where he continued to establish himself as one of the world's greatest strikers.

Unfortunately, Torres has never quite matched the glories of yesteryear. While he has enjoyed some incredible cup moments during his time with the Blues, that awe-inspiring form of the past has largely escaped the Spaniard in recent years.

Nevertheless, his potential to be a star will undoubtedly make him an appealing prospect should Chelsea decide to call an end to his time in London.

With current star striker Diego Costa set to join Chelsea in a £35 million transfer, as per Goal.com, it could pave the way for Torres to make his return to the Spanish capital. However, it would appear that Inter Milan are the current favourites to secure his long-term signature and will be ready to fight for their target.

Torres may look to the success of another faded Premier League star, Carlos Tevez, for inspiration. The Argentinian traded Manchester for Turin last summer, and his return of 19 league goals has been instrumental in helping Juventus to the Serie A crown. Similarly, AC Milan's Mario Balotelli has also enjoyed a productive spell back in Italy after quitting England in January 2013.

For Inter, Torres would be a marquee signing and a player that they would hope could fire them back into contention for silverware—both in Italy and on the continental stage.

The news comes just days after the San Siro giants were linked to Chelsea midfield outcast John Obi Mikel, as reported by Anthony Chapman of the Express.

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